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Highest closing price since 29 January 2026
Gold closed at $5,294.40 per troy ounce on 2 March 2026, up $63.90 (1.22%) from the previous close of $5,230.50.
Notable session: highest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,122.80, making this a +69.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $5,294.40 per troy ounce on 2 March 2026. That is $63.90 higher than the previous close of $5,230.50, a move of 1.22%.
The gold price rose on 2 March 2026, gaining $63.90 (1.22%) against the previous session's close of $5,230.50.
At $5,294.40 per troy ounce, one gram of pure gold was worth about $170.22 on 2 March 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 March 2026 18k gold was worth about $127.66 per gram and 14k about $99.29 per gram, against $170.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.0 on 2 March 2026, meaning one ounce of gold was worth roughly 60.0 ounces of silver.
A week before 2 March 2026, gold was around $5,204.70 per troy ounce, so the close of $5,294.40 is a gain of 1.7% over the week.
A month before 2 March 2026, gold was around $4,622.50 per troy ounce, so the close of $5,294.40 is a gain of 14.5% over the month.
A year before 2 March 2026, gold was around $3,122.80 per troy ounce. The close of $5,294.40 therefore represents a rise of 69.5% over twelve months.